Contribution: Green Construction Through Wood Program
CLIMATE SMART BUILDINGS ALLIANCE
$272,000.00
Mass Timber Insurance Action Plan
FY 2024-25 · 2024-12-11
Summary
The objective of this project is to conduct feasibility and/or prototype level assessment of potential solutions to address insurance challenges faced by the mass timber construction industry.
Department
Program
Green Construction Through Wood ProgramGreen Construction through Wood Program (linked with high confidence)
Recipient
Location
MISSISSAUGA | MISSISSAUGA, Ontario, Canada
Recipient Type
Other
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Additional Information
Amendment: Value / Award previously disclosed for the 3rd Quarter of 2024-2025. Grant or contribution awarded and spanning more than one fiscal year.
Additional Information (French)
Modification: Valeur / Subvention ou contribution antérieurement divulgée pour le 3e trimestre de l'exercice 2024-2025. Subvention ou contribution octroyée s'appliquant à plus d'un exercice financier.
Agreement End Date
2026-03-31
Agreement Number
GCW-CSBA
Agreement Start Date
2024-12-11
Agreement Title
Mass Timber Insurance Action Plan
Agreement Title (French)
Plan d'action pour l'assurance du bois massif
Agreement Type
Contribution
Agreement Value
$272,000.00
Amendment Date
2025-07-30
Amendment Number
1
Description
The objective of this project is to conduct feasibility and/or prototype level assessment of potential solutions to address insurance challenges faced by the mass timber construction industry.
Description (French)
L'objectif de ce projet est de réaliser une évaluation de faisabilité et/ou de prototype de solutions potentielles pour relever les défis d'assurance auxquels est confrontée l'industrie de la construction en bois massif.
Expected Results
The project will deliver system-level solutions to mass timber construction insurance challenges that could result in lower insurance rates and support the growth of the mass timber industry.
Expected Results (French)
Le projet apportera des solutions systémiques aux problèmes d'assurance des constructions en bois massif, ce qui pourrait entraîner une baisse des taux d'assurance et soutenir la croissance de l'industrie du bois massif.
Foreign Currency Type
CAD
Foreign Currency Value
$0.00
Organization Code
nrcan-rncan
Organization
Natural Resources Canada | Ressources naturelles Canada
Program Name
Green Construction Through Wood Program
Program Name (French)
Programme construction verte en bois
Program Purpose
The objective of the GCWood program is to encourage the increased use of wood as a low carbon building material, which supports Canada’s efforts to decarbonize the built environment.
Program Purpose (French)
Le programme CVBois vise à encourager une utilisation accrue des produits du bois comme matériau de construction à faible émission de carbone, appuyant les efforts du Canada pour la décarbonation de l’environnement bâti.
Recipient City
MISSISSAUGA | MISSISSAUGA
Recipient Country
CA
Recipient Legal Name
CLIMATE SMART BUILDINGS ALLIANCE
Recipient Postal Code
L4Y 1M4
Recipient Province or Territory
ON
Recipient Type
O
Reference Number
115-2025-2026-Q2-17370
